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https://issues.apache.org/jira/browse/FINERACT-2114?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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Mihaly Dallos reassigned FINERACT-2114:
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Assignee: Mihaly Dallos
> Interest Rate Modification as on Date
> -------------------------------------
>
> Key: FINERACT-2114
> URL: https://issues.apache.org/jira/browse/FINERACT-2114
> Project: Apache Fineract
> Issue Type: New Feature
> Reporter: Bharath Gowda
> Assignee: Mihaly Dallos
> Priority: Major
> Fix For: 1.11.0
>
> Attachments: Interest Modification UCs.xlsx
>
>
> h2. Background
> Fineract has an option of changing the interest rate at the reschedule
> options however it only allows to change interest rate from a particular
> Installment.
>
> h2. Requirement
>
> For active loans I would like to have the option to change the interest rate
> of the loan from a particular date.
> I would like to be able to set any future date as the starting date of new
> interest rate.
> When we change the interest rate (increase or decrease) the actual period and
> all the future periods EMI need to be recalculated, except when they were
> already fully paid.
>
> {panel}
> {panel}
> {panel}
> *Acceptance Criteria*
> # User should be able to change the interest rate on the active loan account
> ## from any future date (current date + 1)
> ## New interest value (it will inherit the interest frequency from loan
> product)
> ## UI should show the actual interest rate and frequency (fetched from loan
> product)
> # Current and future periods EMI to be recalculated, except they were
> already fully paid
> # User should be able to view the list Interest rate periods/changes done
> for the loan account
> ## New tab for loan
> ## Fields
> ### Date
> ### Old interest rate + frequency
> ### New interest rate + frequency
> Usecases
>
> {panel}
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